Following the lackluster performance to start the week, the major U.S. stock indexes moved in opposite directions during trading on Wednesday. While the tech-heavy Nasdaq moved sharply lower, the Dow posted a modest gain.
The Nasdaq tumbled 171.52 points or 1.3 percent to 13,104.90 after ending Tuesday's trading at its best closing level in well over a year. The S&P 500 also fell 16.33 points or 0.4 percent to 4,267.52, while the Dow rose 91.74 points or 0.3 percent to 33,665.02.
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